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33 Bentinck Street, Portland$925,000
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33 Bentinck Street

Portland, VIC 3305, Australia
$925,000
4 bed 3 bath 1 car2140 m²

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About this property

Steeped in history and brimming with opportunity, the former Steam Packet Inn at 33 Bentinck Street stands as one of Victoria's oldest surviving buildings, originally constructed in 184142. This turnkey, double-storey heritage icon has been meticulously restored over 13 years after being rescued from near demolition, offering a remarkable chance to own a piece of local history with outstanding revenue potential. Perfectly positioned in the heart of Portland's historic waterfront precinct, the Steam Packet Inn is ideally suited for hospitality or accommodation ventures (Subject to council approval) such as a bed and breakfast, boutique Air-bnb, or whatever you imagination can come up with. Its versatile floor plan, rich character, and prime location combine to make it a standout choice for those looking to invest in or expand a business within the thriving tourism market of Victoria's southwest coast. Every aspect of this property's restoration has been guided by craftsmanship and care. A heritage builder and shipwright has transformed the Inn from a forgotten relic into a beautifully revived landmark, ensuring that its original charm - from the period architecture to the historic details - is preserved while seamlessly integrating modern comfort and functionality. The Steam Packet Inn features four bedrooms and three newly completed bathrooms, allowing immediate use for guest stays or owner-occupancy alongside a hospitality enterprise. Outside, the spacious 2140m² allotment enhances the business appeal. Winding bluestone-lined garden paths, a large fire pit, and a private courtyard create inviting outdoor spaces ideal for guests to relax and enjoy - or for hosting special events and gatherings. The generous land size also provides potential for future development (STCA), offering options for expansion or the addition of further guest suites. The Steam Packet Inn is more than a property - it's an investment in heritage, hospitality, and opportunity. Whether you envision a charming bed and breakfast, a boutique coastal retreat, or an elegant dining venue, this historic treasure is ready to bring your business vision to life. Contact Assets Real Estate today to book your inspection.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
1
Land Area
2140 m²
Listed
3 months ago

Repayment calculator

$4,484/month
$2,242 /fortnight
Loan $740,000 at 6.10% over 30 years

Upfront costs

Deposit$185,000
Stamp duty$50,570
Conveyancing (est.)$2,000
Total upfront$237,570
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Portland

This 4-bedroom house in Portland, VIC 3305 sits within reach of public transport, local shops and nearby schools. It is listed 99% above the $465,148 median of 85 comparable houseswithin 5 km.

Schools near Portland

  • Portland Bay Schoolcombined · U · CoEd
  • All Saints Parish Schoolprimary · Prep-6 · CoEd
  • Bundarra Primary Schoolprimary · Prep-6 · CoEd
  • Portland Primary Schoolprimary · Prep-6 · CoEd
  • Portland South Primary Schoolprimary · Prep-6 · CoEd
  • St John's Lutheran Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)4.9 km away
  • Portland Strawberries6.4 km away

Portland at a glance

Full suburb profile
Population
10,016
Median age
47
Household income
$1,146/wk
Median rent
$250/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Portland price trend

Median sold · House 4 bed

Compound growth +2.6% / yr over 4 yrs

$594kcurrent median

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